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CVS to slash 5,000 jobs, close 900 stores as vaccines kill off repeat customers

August 03, 2023 -

To save the company money so it has a better chance of surviving, CVS Health is slashing mostly corporate jobs, The Wall Street Journal reported. Workers at CVS stores, pharmacies, and clinics are not expected to be negatively impacted by the layoffs and store closures – except, of course, for the employees at stores that are closing.

Back in November 2021, CVS Health announced plans to close 900 stores over three years, with about 300 stores ...

CVS pharmacies in Washington, D.C. display framed photographs of products and keep real ones in locked cages to combat rampant shoplifting

November 03, 2023 -

Two CVS pharmacies in Washington, DC, have been forced to create unconventional solutions to combat rampant shoplifting.

CVS Pharmacy at the H Street Northeast location is now using framed photographs of toilet papers and kitchen towels to stand in place of the real products. Customers must also press a button to request that staff retrieve the items from storage. Another CVS store in the Columbia Heights neighborhood ...

CVS, Rite Aid and Walgreens to close down more than 1,500 stores due to rising retail crime, leaving MILLIONS without local access to medications

October 30, 2023 -

A month ago, CVS announced the closing of 900 stores (10 percent of all its branches) by the end of 2024 as it moves to an online telepharmacy strategy amid escalating incidents of retail crime, the Daily Mail reported.

On Oct. 18, Rite Aid announced closing at least 154 of its 2,253 stores nationwide as part of its bankruptcy process, with the U.S. Bankruptcy Court in New Jersey approving additional closings at a later date, NBC News reported.

Facing ...

CVS pharmacies 'bribing' customers to abandon medical privacy protections

August 22, 2013 - CVS pharmacies 'bribing' customers to abandon medical privacy protections

Thursday, August 22, 2013 by: Ethan A. Huff, staff writerTags: CVS pharmacies, bribing customers, private medical protections

Neither Walgreens nor Rite-Aid make their customers sign away HIPAA protections; only CVS does

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CVS, Walmart, Walgreens to pay $13.8 billion to resolve opioid lawsuits

November 04, 2022 -

Reuters reported that CVS on Wednesday said it will pay about $5 billion over 10 years while Walgreens said it had agreed to pay about $5.7 billion over 15 years. However, both pharma chains did not admit to having contributed to the opioid crisis. Walmart has agreed to pay $3.1 billion, mostly upfront.

"We know that reckless, profit-driven dispensing practices fueled the crisis. But we know just as surely that with better systems in place and proper heeding ...

CVS ends religious accommodations, fires employee who refused to prescribe contraception

February 16, 2022 -

(Article by Calvin Freiburger republished from LifeSiteNews.com)

The National Catholic Register reported that the CVS Pharmacy MinuteClinic in Keller hired 72-year-old Robyn Strader in 2015, at which time she secured a religious accommodation to avoid prescribing contraception, an arrangement that worked “for more than six years without any problems,” according to her attorney, Christine Pratt of First Liberty Institute.

In August 2021, however, CVS ...

CVS sued for conspiring to overcharge insured patients for prescription drugs

September 14, 2017 -

A lawsuit was filed against CVS claiming that the company participated in a fraudulent scheme. The lawsuit has also alleged that the plaintiff, Megan Schultz, paid $165.68 for a prescription in July which, if bought without using insurance, would have only costed $92. According to Schultz, the pharma giant did not inform her that there was a cheaper option.

According to the lawsuit, the problems stem from the co-pays sent back to pharmacy benefit managers ...